Trader_Dale

AUD/CAD Day Trading Analysis With Volume Profile đź“Š

OANDA:AUDCAD   Dollar australien/Dollar canadien
On AUD/CAD, it's nice to see a strong buying reaction at the price of 0.89960 .

There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again.

Strong uptrend and high volume cluster are the main reasons for my decision to go long on this trade.


Happy trading

Dale

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